The Conservative Alternative: Political pugilism for raw red meat conservatives. An answer to the rise of radicals in sheep's clothing.

Monday, April 1, 2013

Stockton Augurs Ill

Stockton, California has just declared bankruptcy, which does not portend well for the rest of America. Many cities and some states face a similar plight because unlike the Federal government, our cities and states can not print their own money. Real debt can never be paid off with fiat currency and this bodes ill for us all.